Today a bunch of cannabis stocks showed up on my screener with some good price action and high relative volume. I set up a composite chart using some of the more heavily traded stocks but no OTCs as well as a couple of the ETFs and the REIT IIPR which manages and leases indoor cultivation farms. While I found the composite price had been drifting...
market looking great after more than a year of drop we may see alot of green very soon
Aurora Cannabis Inc. produces, distributes, and sells cannabis and cannabis derivative products in Canada and internationally. It also engages in facility engineering and design, cannabis breeding, research, production, derivatives, product development, wholesale, and retail distribution activities. The company produces various strains of dried cannabis, cannabis...
A close above 1.48 could lead us toward 1.99 and 2.21 as next targets but ACB is IMO not a company where you should put your savings so this is for me just a little gamble. Stop 1.40
I think this is more likely to outperform LABU in the intermediate term. Stock is also significantly below book value and has a very high current ratio. Its priced as if bankruptcy is likely, and its clearly not.
The last stage: Panic Stage 3: Panic As the bull quickly turns into a bear, investors may become desperate and start panicking. All traces of confidence are now gone and investors are now looking to minimize losses. Some spirits will be crushed entirely, leaving them to wonder if the market will recover at all.
ACB-NIO orange line.We whit NIO.The ACB-NIO graph moves together.
NASDAQ:ACB I see great potential in it.Market leader. Tax payments will be required, no money flows from the illegal market.
Everytime I post longs on this stock I get a bunch of salty HODLERS that say they're done with this garbage stock. Earnings have been bad but with Cannabis on the verge of federal legalization and presidents handing out amnesty for cannabis convictions is a good sign for the future.
Its been a long time since I traded this stock . I remember trading it back in 2018 - 2019 at its ATH on eToro . On the weekly time frame it had a nice bounce around the $2.85 area . I would like to see the price passing through the $5 resistance area and turning into a support zone . From the 4th quarter of 2019 the stock is in a downtrend , I remember back in...
ACB Weekly chart. Price have probed below 2020 lows. No sellers present below that level. Good risk vs reward setup. Some volume coming in as shorts covered. I got a order out for 4,05$
👉Why $ACB short squeeze is the Next $gme $amc ACB has over 20 million short shares, and with daily short volume above 50% (yesterday was 70%❗) this means it's just the shorts trading with the shorts. (shorts are selling to another short that's covering⚠️) and with the stock near historic lows, it's due for a massive rip/ short squeeze up. -Market cap is slightly...
Aurora Cannabis (ACB) found a bottom according to the Fibonacci circles and Pitchfork, the potential top is anywhere from $10.40 to S13 on the upswing from the low of 2.89. Targets are in black at the horizontal lines.
man this looks bottomed out, 3 long term targets highlighted if we can push back to the $5 region
Aurora Cannabis Inc. produces, distributes, and sells cannabis and cannabis derivative products in Canada and internationally. It also engages in facility engineering and design, cannabis breeding, research, production, derivatives, product development, wholesale, and retail distribution activities. The company produces various strains of dried cannabis, cannabis...
Goals3, 2.75, 2.36. Invalidation at 6.07. We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in purple with invalidation in red. Fibonacci goals, it is prudent to suggest, are nothing more than mere fractally evident and therefore statistically likely levels...